Thomas Pope
tompope.bsky.social
Thomas Pope
@tompope.bsky.social
Deputy Chief Economist @instituteforgov.bsky.social

On Twitter @tompope0
Yes I think so... The Block Grant Adjustment for SDLT would go to zero, so all else equal the grant from Westminster to Scotland/Wales under Barnett would increase. If the cut were funded by cuts to spending on devolved areas, it would mostly net off
October 8, 2025 at 4:30 PM
You can hear more about that and everything else at Conservative Party conference in our podcast, out now!

bsky.app/profile/samm...
October 8, 2025 at 3:42 PM
Reposted by Thomas Pope
Follow our autumn budget 2025 page for more in the lead up to Reeves' second budget as chancellor on Weds 26 November www.instituteforgovernment.org.uk/autumn-budge...

Follow the team @gemmatetlow.bsky.social @tompope.bsky.social @drbenpaxton.bsky.social @danhaile.bsky.social @gilesyb.bsky.social
Autumn budget 2025 | Institute for Government
On Wednesday 26 November, Rachel Reeves will deliver her second budget as chancellor.
www.instituteforgovernment.org.uk
September 24, 2025 at 8:26 AM
So Reeves should
Choose sensible tax increases this autumn, even if that means revisiting tax pledges

Set out tax strategy for reform over the parliament with clear principles and objectives

Some ideas for what that might look like in the paper
www.instituteforgovernment.org.uk/publication/...
3/3
The 2025 budget and beyond: How Rachel Reeves can approach tax reform to help drive growth | Institute for Government
A big autumn approaches for the chancellor.
www.instituteforgovernment.org.uk
September 24, 2025 at 7:49 AM
As Reeves looks to raise revenue, she will be tempted to follow previous chancellors and an eclectic grab bag of tax raisers that further complicate the system

But that would be a mistake, even if it is easiest in short-term. It will harm growth and leave chancellor without a narrative on tax 2/3
September 24, 2025 at 7:49 AM